Xero Guide for Making Tax Digital (MTD) | Performance Accountancy

Looking to use Xero for Making Tax Digital (MTD)?

In this guide, Performance Accountancy walks you through how Xero works for MTD, with a focus on performers, musicians, and creative professionals.

We cover everything you need to know, including:

• How Xero supports Making Tax Digital
• Choosing between Xero Simple, Ignite, Grow, and Comprehensive
• Setting up your chart of accounts
• Managing multiple income streams (gigs, teaching, performances)
• Tracking expenses and staying organised
• Preparing for quarterly MTD submissions

This video is designed specifically for those working in music, arts, and entertainment, where income and expenses don’t always follow a standard structure.

Whether you’re new to Xero or looking to get your setup right, this guide will help you stay compliant and in control.